News

Investec and CEFC buy into Australian wind and battery project

Clean Energy Finance Corporation (CEFC) and Investec have together provided A$189 million ($145 million) of financing for a 212MW wind-plus-battery storage project in Australia.

EIB and China working on "Rosetta Stone" of green finance

An initiative to harmonise taxonomies for eligible environmental projects in the green bond market could lead to the creation of a common language applicable across green finance more broadly.

Green bond transparency in need of improvement, says S&P

People moves: Columbia Threadneedle, FTSE Russell

News briefs from COP23

Small island nation Fiji will have to spend around $4.5 billion over the next decade to prepare for rising temperatures, strengthening storms and higher sea levels.

UK public pension funds have £16bn invested in fossil fuels

Local authorities in the UK still have more than £16 billion ($21 billion) invested in fossil fuels, despite a number of high profile divestments in recent years, according to data released by a UK-based pressure group.

Geneva issues first Swiss green bond, worth CHF620m

The Canton of Geneva has issued the first green municipal bond in Switzerland, which is also the inaugural bond in Swiss Francs.

Moody's expects at least $120bn of green bonds by end of 2017

Green bond issuance reached fresh highs in the third quarter and is on track to set a new record of at least $120bn in 2017, according to Moody's Investors Service.

Climate tool for financial firms launched at COP23

A tool designed to help share knowledge about how financial firms are integrating climate considerations into their businesses has been launched at the Bonn Climate Summit.

IEA moves to incorporate SDGs in key scenario

The International Energy Agency (IEA) is replacing the '450 Scenario' in its World Energy Outlook report with a Sustainable Development Scenario.